Business News
Kretek 2 Bridge Leads to Local Economic Growth and Unlocks Tourism Potential
Kretek 2 Bridge, a 556-metre-long structure located on the Southern Cross-Island Highway in Bantul, Special Region of Yogyakarta, is a vital component in connecting Parangtritis and Tirtohargo, and reducing the travel distance by approximately 5 kilometres. This bridge, now operational for two years, features a seismic-resistant design. This earthquake-resistant feature…
PT SGI’s Exports Prove Local Sports Gloves Can Compete in the Global Market
PT Sport Glove Indonesia (SGI), a company under the supervision of Yogyakarta Customs and recipient of bonded zone facilities, has taken a significant step in strengthening Indonesia’s national exports. On Friday, May 23, 2025, PT SGI shipped high-quality sports gloves to various countries including the United States, Germany, Japan, and…
BPS Reports East Java Exports Increase by 19.68% in April 2025
The Central Statistics Agency (BPS) of East Java reported that exports from the region reached USD 2.18 billion in April 2025, rising 19.68% compared to USD 1.74 billion in April 2024. This growth was mainly driven by non-oil and gas exports, which increased by 21.53% from USD 1.74 billion to…
OJK Reports Insurance Industry Assets Rose 3.66% Year-on-Year In April 2025
The Chief Executive of Insurance, Guarantee, and Pension Fund Supervision at the Financial Services Authority (OJK), Ogi Prastomiyono, reported that insurance industry assets grew by 3.66% year-on-year in April 2025. According to OJK data, total assets reached IDR 1,162.78 trillion in April 2025, up from IDR 1,121.69 trillion in April…
